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> Moreover, in many cases the regulations are what make markets uncompetitive. Regulation is necessary to prevent monopolies, and monopolies by definition make
by dreamcompiler 8y ago
> Moreover, in many cases the regulations are what make markets uncompetitive.
Regulation is necessary to prevent monopolies, and monopolies by definition make markets uncompetitive. Antitrust regulation protects capitalism from itself. Unfortunately the Antitrust division of the Justice Department has not been doing its job for several decades.
- AnthonyMouse 8y agoAntitrust enforcement is a completely different type of regulation than most others because the number one problem with most regulations is that they harm small businesses and add fixed costs that promote business consolidation. By contrast, antitrust by its nature applies only to very large businesses and does not have that problem.